Author: Rommy Imah

In the news: PalmPay has resumed onboarding new customers for both individual and business users after a review by the CBN. The CBN had previously halted such activities for mobile money operators due to concerns over illicit foreign exchange transactions and deficiencies in the KYC process. PalmPay confirmed that it has addressed regulatory concerns and is ready to continue providing secure financial services. PalmPay, a leading fintech platform, has announced that it has commenced the onboarding of new customers for individual and business users following the review by the Central Bank of Nigeria (CBN). “We are thrilled to continue our…

In the news: Konga has launched the third edition of its Mid-Year Shopping Festival from June 1st to July 31st, 2024, coinciding with its 13th anniversary. Customers can enjoy deals on a wide range of products, including electronics, fashion, and home appliances. KongaNow, a new same-day delivery service, enhances the shopping experience by ensuring prompt order deliveries in major cities. Konga, Nigeria’s leading e-commerce giant, has announced the third edition of its highly anticipated Mid-Year Shopping Festival. This epic sales campaign, which runs from June 1st through July 31st, 2024, offers two months of intense price slashes across all product categories. It promises…

In the news Nigeria will host the GITEX tech fair for the first time in 2025, following an MOU signed by NITDA and KAOUN International. The event will provide a platform for Nigerian startups to connect with international markets and showcase local advancements. GITEX will highlight Nigeria’s tech potential, especially in AI, digital health, and fintech, and integrate the Nigerian tech ecosystem with global markets. The Federal Government, through the National Information Technology Development Agency (NITDA), has signed a Memorandum of Understanding (MOU) to host the world’s largest technology fair, GITEX, for the first time in 2025. The agreement was…

-Explains The Workings Of Stylist Piazza App Stylist Piazza, a platform offering professional online services to service providers in the Beauty industry, had its maiden workshop on May 4, 2024, at the University of Lagos. Themed: ‘Building a Sustainable Beauty Enterprise,’ the workshop had in attendance over 100 enthusiastic participants all excited to build a sustainable beauty enterprise. In his keynote address, Engr. Chima Obiaka, Founder/Chief Executive Officer of Stylist Piazza, said the Stylist Piazza App was developed to serve as a platform offering professional online services to service providers in the Beauty industry. He said the App has reimagined…

Smile Communications and Alternative Bank, a part of the Sterling Bank Group, have joined forces to celebrate Children’s Day with the students of Olusosun Primary School in Ojota. This initiative, which was held on the 28th of May 2024, was designed to ensure that every child feels valued and included in the festivities. As part of its commitment to Corporate Social Responsibility (CSR), Alternative Bank treated the children of Olusosun Primary School to a special day filled with fun activities and delicious meals. The bank’s initiative reflects its dedication to uplifting communities and making a meaningful difference in the lives…

–Titans Of Tech Conference Will Focus On ‘Tech For Good’ Titans of Tech Conference and Expo, the much-anticipated biggest gathering of tech professionals in West Africa, holds at the Oriental Hotel in Victoria Island, Lagos, on 26th to 27th July 2024. The event will bring together top tech leaders, industry experts, and government agencies to promote ICT innovation and development across Africa. The conference will provide a platform for showcasing new tech products and will highlight investment opportunities in the tech sector. It will focus on using technology to address social and economic issues such as healthcare, education, and cybersecurity.…

Lagos State Government is spearheading a series of ambitious initiatives to establish itself as a leading hub for innovation and technology in Africa. The state is also digitizing government services and building a Tier 3 data centre to boost efficiency and attract investments. Engagement highlighted the Lagos Innovation Bill and efforts by the Lagos State Research and Innovation Council to foster a robust innovation ecosystem. The Lagos State Government is undertaking ambitious initiatives and projects to put the state at the forefront of the digital revolution aimed at cementing its position as a leading hub for innovation and technological advancement…

Achieving financial inclusion requires concerted efforts to make financial products accessible and affordable to unbanked and underserved individuals. Industry stakeholders should localize financial education, reduce service costs, and simplify financial products and processes. 9 Payment Service Bank (9PSB), Nigeria’s digital payment service bank committed to financial inclusion, reiterated at the recent RegTech Africa Conference in Lagos that financial inclusion is essential for poverty reduction and economic prosperity in Africa. Themed: ‘Harnessing Partnerships for Africa’s Prosperity – Bridging the Data Trust Gap,’ the eventwas a convergence of financial experts and thought leaders in the digital financial service industry across Africa, aimed…

-NCC Provided Insights Into Nigeria’s Digital Social Investments And Infrastructure Expansion At the just concluded 35th annual African Public Relations Association (APRA) conference in Abidjan, Côte d’Ivoire, the Nigerian Communications Commission (NCC) showcased various digital social investments in Nigeria. Dr. Omoniyi Ibietan, Head of Media Management Relations at the NCC, who later emerged as the Secretary-General of APRA after an election at the event which took place from 13th to 17th May 2024, delivered a presentation at the conference, providing insights into Nigeria’s digital social investments and infrastructure expansion driven by the Commission’s regulatory efficiency. In the presentation titled: “Digital…

Summary: Access Holdings PLC stressed the importance of ethical and sustainable Artificial Intelligence use in the financial sector. Emphasized the need for comprehensive regulatory frameworks and sustainable practices to manage Artificial Intelligence’s transformative power. Called for responsible Artificial Intelligence use in finance, emphasising ethical standards and sustainable practices. Access Holdings PLC, a leading financial services group, has echoed the need for ethical considerations in using Artificial Intelligence (AI), calling stakeholders in the financial industry to factor in its sustainability implications. This call to action was driven by a compelling keynote address delivered by Lanre Bamisebi, Executive Director of IT &…